HKND vs. FLSP ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Franklin Liberty Systematic Style Premia ETF (FLSP)

HKND

Humankind US Stock ETF

HKND Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Humankind US Equity Index (the ?Index?). The index is primarily comprised of domestic (U.S.) equity securities and may not be comprised of greater than 5% of foreign securities (including ADRs). The fund invests in the common stock of each company in the index in approximately the same proportion as represented in the index itself. Under normal conditions, it will invest at least 90% of its net assets, including borrowings for investment purposes, in securities contained in the index.

Grade (RS Rating)

Last Trade

$33.30

Average Daily Volume

1,926

Number of Holdings ^*

958

* may have additional holdings in another (foreign) market

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	HKND	FLSP
30 Days	1.63%	0.69%
60 Days	0.72%	0.06%
90 Days	1.42%	0.73%
12 Months	19.65%	6.54%

123 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in FLSP	Overlap
A	D	0.15%	0.23%	0.15%
ABBV	D	2.0%	0.59%	0.59%
ACI	C	0.07%	0.06%	0.06%
ADBE	C	0.05%	0.91%	0.05%
ADM	D	1.56%	0.16%	0.16%
ADSK	A	0.01%	0.36%	0.01%
AFL	B	0.08%	0.33%	0.08%
AIG	B	0.23%	0.21%	0.21%
AIZ	A	0.12%	0.06%	0.06%
AMAT	F	0.17%	0.66%	0.17%
AMP	A	0.07%	0.22%	0.07%
ANSS	B	0.01%	0.14%	0.01%
APH	A	0.05%	0.18%	0.05%
APP	B	0.01%	0.31%	0.01%
AVB	B	0.06%	0.13%	0.06%
AVTR	F	0.15%	0.08%	0.08%
AWK	D	0.39%	0.13%	0.13%
BBY	D	0.22%	0.11%	0.11%
BG	F	0.89%	0.07%	0.07%
BK	A	0.1%	0.31%	0.1%
BKNG	A	0.06%	0.87%	0.06%
BLDR	D	0.02%	0.1%	0.02%
BMY	B	0.93%	0.59%	0.59%
BR	A	0.02%	0.12%	0.02%
CAH	B	0.31%	0.12%	0.12%
CDNS	B	0.01%	0.32%	0.01%
CF	B	0.98%	0.1%	0.1%
CI	F	1.11%	0.22%	0.22%
CL	D	1.35%	0.36%	0.36%
CMCSA	B	0.68%	0.42%	0.42%
CMI	A	0.05%	0.25%	0.05%
CNC	D	0.37%	0.13%	0.13%
COR	B	0.35%	0.04%	0.04%
CRBG	B	0.06%	0.05%	0.05%
CRM	B	0.08%	0.7%	0.08%
CSL	C	0.02%	0.11%	0.02%
CSX	B	0.01%	0.31%	0.01%
CTAS	B	0.04%	0.35%	0.04%
CTSH	B	0.08%	0.21%	0.08%
DKS	C	0.02%	0.07%	0.02%
EA	A	0.02%	0.23%	0.02%
EBAY	D	0.05%	0.18%	0.05%
EL	F	0.04%	0.1%	0.04%
EQH	B	0.05%	0.09%	0.05%
EXPE	B	0.04%	0.14%	0.04%
FDX	B	0.01%	0.27%	0.01%
FFIV	B	0.01%	0.08%	0.01%
FICO	B	0.01%	0.34%	0.01%
FIS	C	0.03%	0.26%	0.03%
FTNT	C	0.01%	0.32%	0.01%
GDDY	A	0.01%	0.15%	0.01%
GEN	B	0.01%	0.1%	0.01%
GILD	C	0.7%	0.61%	0.61%
HCA	F	0.91%	0.36%	0.36%
HD	A	0.37%	0.28%	0.28%
HIG	B	0.1%	0.19%	0.1%
HOLX	D	0.27%	0.11%	0.11%
HPQ	B	0.81%	0.2%	0.2%
IDXX	F	0.02%	0.14%	0.02%
INCY	C	0.08%	0.07%	0.07%
INTU	C	0.03%	0.68%	0.03%
IQV	D	0.53%	0.17%	0.17%
IR	B	0.01%	0.16%	0.01%
JBL	B	0.12%	0.1%	0.1%
K	A	0.26%	0.12%	0.12%
KMB	D	0.1%	0.23%	0.1%
KR	B	0.21%	0.24%	0.21%
L	A	0.06%	0.09%	0.06%
LYV	A	0.03%	0.12%	0.03%
MA	C	0.11%	0.77%	0.11%
MAS	D	0.02%	0.1%	0.02%
MET	A	0.19%	0.21%	0.19%
MMM	D	0.06%	0.41%	0.06%
MOH	F	0.08%	0.1%	0.08%
MOS	F	1.72%	0.05%	0.05%
MS	A	0.35%	0.15%	0.15%
MSFT	F	2.37%	0.57%	0.57%
MSI	B	0.02%	0.48%	0.02%
MTCH	D	0.01%	0.06%	0.01%
MTD	D	0.09%	0.15%	0.09%
NBIX	C	0.08%	0.08%	0.08%
NFLX	A	0.09%	0.45%	0.09%
NOW	A	0.02%	0.75%	0.02%
NTAP	C	0.04%	0.16%	0.04%
NTRS	A	0.04%	0.12%	0.04%
NVDA	C	0.09%	0.62%	0.09%
ON	D	0.03%	0.04%	0.03%
PAYC	B	0.01%	0.07%	0.01%
PG	A	4.05%	0.13%	0.13%
PH	A	0.04%	0.23%	0.04%
PHM	D	0.07%	0.11%	0.07%
PTC	A	0.0%	0.1%	0.0%
PYPL	B	0.08%	0.45%	0.08%
QCOM	F	0.15%	0.83%	0.15%
REG	B	0.01%	0.08%	0.01%
REGN	F	0.61%	0.33%	0.33%
RPRX	D	0.11%	0.06%	0.06%
RS	B	0.03%	0.1%	0.03%
SEIC	B	0.01%	0.06%	0.01%
SNA	A	0.01%	0.1%	0.01%
SNPS	B	0.02%	0.2%	0.02%
SPG	B	0.03%	0.35%	0.03%
SSNC	B	0.02%	0.09%	0.02%
STT	A	0.09%	0.17%	0.09%
SWKS	F	0.02%	0.08%	0.02%
SYY	B	0.07%	0.15%	0.07%
T	A	0.8%	0.63%	0.63%
TER	D	0.01%	0.06%	0.01%
TGT	F	0.1%	0.19%	0.1%
TJX	A	0.06%	0.75%	0.06%
TMO	F	0.86%	0.34%	0.34%
TROW	B	0.04%	0.16%	0.04%
TYL	B	0.01%	0.13%	0.01%
UDR	B	0.03%	0.09%	0.03%
UHS	D	0.21%	0.07%	0.07%
UTHR	C	0.08%	0.1%	0.08%
VEEV	C	0.01%	0.12%	0.01%
VRSN	F	0.01%	0.1%	0.01%
VRTX	F	0.59%	0.49%	0.49%
VTR	C	0.05%	0.12%	0.05%
VTRS	A	0.25%	0.09%	0.09%
WAT	B	0.07%	0.14%	0.07%
WMT	A	1.06%	0.75%	0.75%

HKND Overweight 835 Positions Relative to FLSP

Symbol	Grade	Weight
GOOGL	C	3.87%
AAPL	C	2.24%
LLY	F	2.09%
DE	A	2.08%
MRK	F	1.84%
PFE	D	1.58%
INTC	D	1.51%
CTVA	C	1.48%
BDX	F	1.15%
AMGN	D	1.1%
ABT	B	1.08%
SYK	C	1.07%
DELL	C	0.99%
UNH	C	0.96%
LH	C	0.93%
GEHC	F	0.93%
VZ	C	0.89%
ECL	D	0.87%
BAX	D	0.84%
FMC	D	0.82%
BSX	B	0.74%
JNJ	D	0.71%
JPM	A	0.69%
AGCO	D	0.68%
DGX	A	0.62%
DHR	F	0.59%
AMZN	C	0.57%
SJM	D	0.54%
BAC	A	0.51%
CVS	D	0.5%
INGR	B	0.49%
MCK	B	0.49%
FDP	B	0.48%
ZBH	C	0.45%
ELV	F	0.44%
WFC	A	0.42%
C	A	0.41%
KVUE	A	0.4%
PEP	F	0.4%
TMUS	B	0.37%
CHD	B	0.36%
CAG	D	0.36%
VLTO	D	0.36%
MRNA	F	0.35%
GS	A	0.34%
ISRG	A	0.33%
DD	D	0.31%
EW	C	0.31%
MDLZ	F	0.31%
THC	D	0.3%
BIIB	F	0.3%
HUM	C	0.3%
J	F	0.29%
GIS	D	0.29%
SPB	C	0.29%
WBA	F	0.26%
FELE	B	0.26%
IBM	C	0.26%
CLX	B	0.22%
LOW	D	0.22%
HPE	B	0.21%
PGR	A	0.21%
DOW	F	0.21%
ALL	A	0.21%
RMD	C	0.2%
DIS	B	0.2%
AXP	A	0.2%
CHTR	C	0.18%
ORCL	B	0.17%
TFX	F	0.17%
DHI	D	0.16%
TRV	B	0.16%
COF	B	0.16%
TSLA	B	0.16%
CSCO	B	0.16%
PRU	A	0.16%
CTLT	B	0.15%
FSLR	F	0.15%
SOLV	C	0.15%
ZWS	B	0.15%
ENOV	C	0.15%
V	A	0.15%
LEN	D	0.14%
ENPH	F	0.14%
MU	D	0.14%
HSIC	B	0.14%
MMC	B	0.13%
DVA	B	0.13%
RUN	F	0.13%
DXCM	D	0.13%
AVGO	D	0.12%
FTRE	D	0.12%
USB	A	0.12%
TITN	C	0.11%
LRCX	F	0.11%
COST	B	0.11%
OGN	D	0.11%
RVTY	F	0.11%
AHCO	F	0.11%
FLO	D	0.1%
BMRN	D	0.1%
MAN	D	0.1%
PNC	B	0.1%
ALNY	D	0.1%
BLK	C	0.1%
ICUI	D	0.1%
CRL	C	0.1%
TFC	A	0.1%
SEM	B	0.1%
CBRE	B	0.1%
WDC	D	0.1%
POST	C	0.09%
BIO	D	0.09%
WTRG	B	0.09%
LUMN	C	0.09%
IART	C	0.09%
GLW	B	0.09%
TXN	C	0.09%
ILMN	D	0.09%
UAN	B	0.08%
ITGR	B	0.08%
CWT	D	0.08%
ALG	B	0.08%
CDW	F	0.08%
KD	B	0.08%
RDNT	B	0.08%
CPB	D	0.08%
LXU	B	0.08%
ACM	A	0.08%
MASI	A	0.08%
DFS	B	0.07%
SYF	B	0.07%
SRPT	D	0.07%
ADP	B	0.07%
EMBC	C	0.07%
AMD	F	0.07%
TECH	D	0.07%
MMSI	B	0.07%
EHC	B	0.07%
EQR	B	0.07%
FNF	B	0.07%
WM	A	0.07%
DXC	B	0.07%
WBD	C	0.07%
SCHW	B	0.07%
FI	A	0.06%
KLAC	D	0.06%
FOX	A	0.06%
WLK	D	0.06%
HAE	C	0.06%
RGA	A	0.06%
CNMD	C	0.06%
GMED	A	0.06%
SQ	B	0.06%
SNX	C	0.06%
BRKR	D	0.06%
WST	C	0.06%
IFF	D	0.06%
HSY	F	0.06%
PODD	C	0.06%
MAA	B	0.05%
KLG	C	0.05%
FAF	A	0.05%
LNC	B	0.05%
SMCI	F	0.05%
NVR	D	0.05%
TTC	D	0.05%
GPC	D	0.05%
AVNS	F	0.05%
GXO	B	0.05%
MEDP	D	0.05%
OPK	C	0.05%
MKC	D	0.05%
GWW	B	0.05%
INVH	D	0.05%
SUI	D	0.05%
OMC	C	0.05%
RJF	A	0.05%
MKL	A	0.05%
OMI	F	0.05%
MAR	B	0.05%
SMG	D	0.05%
SJW	D	0.05%
PFG	D	0.05%
ALLY	C	0.05%
BERY	B	0.05%
KDP	D	0.04%
GPN	B	0.04%
CNXN	C	0.04%
UNM	A	0.04%
AFG	A	0.04%
FYBR	D	0.04%
KEY	B	0.04%
IONS	F	0.04%
LKQ	D	0.04%
CFG	B	0.04%
AMT	D	0.04%
LNN	B	0.04%
ORLY	B	0.04%
BPMC	C	0.04%
IPG	D	0.04%
RSG	A	0.04%
LPLA	A	0.04%
ORI	A	0.04%
CR	A	0.04%
ROKU	D	0.04%
UNFI	A	0.04%
VKTX	F	0.04%
OPCH	D	0.04%
BEN	C	0.04%
HUN	F	0.04%
ESS	B	0.04%
JEF	A	0.04%
EXAS	D	0.04%
AZO	C	0.04%
SCSC	B	0.04%
ADI	D	0.04%
AJG	B	0.04%
SWK	D	0.04%
CINF	A	0.04%
TNDM	F	0.04%
WHR	B	0.04%
NOVT	D	0.04%
FITB	A	0.04%
AWR	B	0.04%
TOL	B	0.04%
JLL	D	0.04%
SHW	A	0.04%
WRB	A	0.04%
PEN	B	0.04%
AYI	B	0.04%
EXEL	B	0.04%
ABM	B	0.03%
ROST	C	0.03%
FAST	B	0.03%
WU	D	0.03%
CHE	D	0.03%
AMED	F	0.03%
APO	B	0.03%
VOYA	B	0.03%
APLS	D	0.03%
REZI	A	0.03%
GFS	C	0.03%
UNP	C	0.03%
AZTA	D	0.03%
AMKR	D	0.03%
PLD	D	0.03%
KBH	D	0.03%
ITW	B	0.03%
SIRI	C	0.03%
HWKN	B	0.03%
XRX	F	0.03%
GNW	A	0.03%
AAP	C	0.03%
ENSG	D	0.03%
AMRX	C	0.03%
HBAN	A	0.03%
MCHP	D	0.03%
CHWY	B	0.03%
CG	A	0.03%
ARW	D	0.03%
HALO	F	0.03%
CYTK	F	0.03%
MD	B	0.03%
NEO	C	0.03%
TWI	F	0.03%
CPT	B	0.03%
RVMD	C	0.03%
IRDM	D	0.03%
OFIX	B	0.03%
MIDD	C	0.03%
IT	C	0.03%
SPGI	C	0.03%
TDS	B	0.03%
ELS	C	0.03%
NWS	B	0.03%
RHI	B	0.03%
FLGT	F	0.03%
UPS	C	0.03%
DAR	C	0.03%
ENR	B	0.03%
NSP	D	0.03%
ICE	C	0.03%
GME	C	0.03%
AMH	D	0.03%
LBRDA	C	0.03%
MTB	A	0.03%
RF	A	0.03%
ZBRA	B	0.03%
SNEX	B	0.03%
SANM	B	0.03%
VYX	B	0.03%
TMHC	B	0.03%
EMR	A	0.03%
RKT	F	0.03%
IVZ	B	0.03%
SGRY	F	0.03%
PPG	F	0.03%
PCVX	D	0.03%
LNTH	D	0.03%
WMG	C	0.03%
ITCI	C	0.03%
GL	B	0.02%
R	B	0.02%
STC	B	0.02%
ARWR	F	0.02%
PLXS	B	0.02%
TTEK	F	0.02%
HST	C	0.02%
SMMT	D	0.02%
IBKR	A	0.02%
CMA	A	0.02%
ATEC	C	0.02%
COMP	B	0.02%
FOLD	F	0.02%
BBWI	D	0.02%
BHF	B	0.02%
HAIN	C	0.02%
ATRC	C	0.02%
EFX	F	0.02%
NWL	B	0.02%
IOVA	F	0.02%
ALGN	D	0.02%
UTZ	D	0.02%
MHO	D	0.02%
GKOS	B	0.02%
PTCT	B	0.02%
AVT	C	0.02%
AXSM	B	0.02%
CORT	B	0.02%
MRVI	F	0.02%
NATL	B	0.02%
XRAY	F	0.02%
ANET	C	0.02%
FCN	D	0.02%
SMPL	B	0.02%
ADTN	A	0.02%
MCY	A	0.02%
ACAD	D	0.02%
COOP	B	0.02%
TSCO	D	0.02%
AGL	F	0.02%
OTIS	C	0.02%
EME	C	0.02%
TXG	F	0.02%
AMN	F	0.02%
DOX	D	0.02%
ALIT	C	0.02%
CRNX	C	0.02%
CCS	D	0.02%
TPG	A	0.02%
PFSI	D	0.02%
TPH	D	0.02%
RARE	D	0.02%
DLR	B	0.02%
NDAQ	A	0.02%
AORT	B	0.02%
CENTA	C	0.02%
CNXC	F	0.02%
APD	A	0.02%
OMF	A	0.02%
ROK	B	0.02%
LECO	B	0.02%
CCI	D	0.02%
BRO	B	0.02%
GH	B	0.02%
BKD	D	0.02%
NUVL	D	0.02%
PAYX	C	0.02%
PWR	A	0.02%
ZG	A	0.02%
INSM	C	0.02%
TNET	D	0.02%
KRYS	B	0.02%
HLT	A	0.02%
KELYA	F	0.02%
WMS	D	0.02%
OPEN	D	0.02%
ENTG	D	0.02%
THG	A	0.02%
MDGL	B	0.02%
WELL	A	0.02%
USM	B	0.02%
ADV	D	0.02%
MMS	F	0.02%
GAP	C	0.02%
BBIO	F	0.02%
LILAK	D	0.02%
JJSF	B	0.02%
THS	D	0.02%
EQIX	A	0.02%
JXN	C	0.02%
KMPR	B	0.02%
SF	B	0.02%
CME	A	0.02%
WTS	B	0.02%
WSO	A	0.02%
MCO	B	0.02%
MTH	D	0.02%
VCYT	B	0.01%
MODG	F	0.01%
SAVA	D	0.01%
SLAB	D	0.01%
ANF	C	0.01%
TKO	B	0.01%
UI	A	0.01%
UBSI	B	0.01%
WH	B	0.01%
POOL	C	0.01%
ONB	B	0.01%
FLS	B	0.01%
EOLS	D	0.01%
EXR	D	0.01%
ELVN	D	0.01%
COTY	F	0.01%
NX	C	0.01%
GTES	A	0.01%
FRPT	B	0.01%
MAT	D	0.01%
TMCI	D	0.01%
YORW	D	0.01%
AVO	C	0.01%
MIRM	B	0.01%
UFCS	B	0.01%
ONTO	D	0.01%
TCBI	B	0.01%
NYT	C	0.01%
VZIO	A	0.01%
SRRK	B	0.01%
RGNX	F	0.01%
KE	C	0.01%
MPWR	F	0.01%
BRX	A	0.01%
TOST	B	0.01%
PGNY	F	0.01%
APAM	B	0.01%
FDMT	F	0.01%
DBX	B	0.01%
GMS	B	0.01%
CVCO	A	0.01%
USPH	B	0.01%
SAGE	F	0.01%
PRLB	A	0.01%
CMC	B	0.01%
MC	C	0.01%
URBN	C	0.01%
WGO	C	0.01%
AEO	F	0.01%
BXC	B	0.01%
SSB	B	0.01%
BKU	A	0.01%
FOUR	B	0.01%
GSAT	C	0.01%
PB	A	0.01%
CADE	B	0.01%
SCHL	D	0.01%
DLB	B	0.01%
HMN	B	0.01%
HAS	D	0.01%
DAWN	F	0.01%
HURN	B	0.01%
HWC	B	0.01%
RLI	B	0.01%
PLUS	F	0.01%
GRBK	D	0.01%
WTM	A	0.01%
VNT	B	0.01%
WD	D	0.01%
ASB	B	0.01%
OZK	B	0.01%
DAY	B	0.01%
CRUS	D	0.01%
SSYS	C	0.01%
ACIW	B	0.01%
MTN	C	0.01%
KNF	A	0.01%
MNKD	C	0.01%
IPGP	D	0.01%
FDS	B	0.01%
BCRX	D	0.01%
UMBF	B	0.01%
HGV	B	0.01%
KIDS	D	0.01%
FIX	A	0.01%
ACT	D	0.01%
MDXG	B	0.01%
APG	B	0.01%
WPC	D	0.01%
TRUP	B	0.01%
PRG	C	0.01%
TARS	B	0.01%
FNB	A	0.01%
PNFP	B	0.01%
SYNA	C	0.01%
LFUS	F	0.01%
CBSH	A	0.01%
AKRO	B	0.01%
BRC	D	0.01%
PII	D	0.01%
KFRC	D	0.01%
LCII	C	0.01%
SKY	A	0.01%
PTGX	C	0.01%
EXLS	B	0.01%
PIPR	B	0.01%
CFR	B	0.01%
IMVT	F	0.01%
FG	B	0.01%
MTG	C	0.01%
FHI	A	0.01%
TDC	D	0.01%
IDT	B	0.01%
DIOD	D	0.01%
JKHY	D	0.01%
WBS	A	0.01%
SBAC	D	0.01%
HTH	B	0.01%
RYAN	B	0.01%
VLY	B	0.01%
IOSP	B	0.01%
KWR	C	0.01%
CCRN	F	0.01%
RDN	C	0.01%
XYL	D	0.01%
SBH	C	0.01%
ENS	D	0.01%
BEAM	D	0.01%
NGVT	B	0.01%
TDOC	C	0.01%
IRT	A	0.01%
UCTT	D	0.01%
MSM	C	0.01%
RXRX	F	0.01%
ASIX	A	0.01%
CRVL	A	0.01%
SITE	D	0.01%
UNF	B	0.01%
NMRK	B	0.01%
LAMR	D	0.01%
SXT	B	0.01%
HLI	B	0.01%
CABO	C	0.01%
RCKT	F	0.01%
SNDX	F	0.01%
MSCI	C	0.01%
EXPI	C	0.01%
AXTA	A	0.01%
CNM	D	0.01%
MORN	B	0.01%
WTFC	A	0.01%
PINC	B	0.01%
FND	C	0.01%
UPBD	B	0.01%
UHAL	D	0.01%
INVA	D	0.01%
ANIP	F	0.01%
IRWD	F	0.01%
TGNA	B	0.01%
ADMA	B	0.01%
CXT	B	0.01%
IAC	D	0.01%
AGIO	C	0.01%
ALB	C	0.01%
EWTX	C	0.01%
LANC	C	0.01%
VNO	B	0.01%
FNA	C	0.01%
BECN	B	0.01%
KROS	D	0.01%
DFH	D	0.01%
SANA	F	0.01%
CC	C	0.01%
DOC	D	0.01%
COIN	C	0.01%
TTMI	B	0.01%
CGON	F	0.01%
ASTH	D	0.01%
XNCR	B	0.01%
HUBB	B	0.01%
LMAT	A	0.01%
ACHC	F	0.01%
DYN	F	0.01%
AIV	C	0.01%
HRB	D	0.01%
AOS	F	0.01%
BCC	B	0.01%
PSTG	D	0.01%
CRSR	C	0.01%
ICFI	F	0.01%
BGC	C	0.01%
KIM	A	0.01%
BOKF	B	0.01%
TTWO	A	0.01%
IRM	D	0.01%
WAL	B	0.01%
TNC	D	0.01%
EVH	F	0.01%
CPRX	C	0.01%
ADUS	D	0.01%
NTLA	F	0.01%
KFY	B	0.01%
ARE	D	0.01%
KEX	C	0.01%
RNA	D	0.01%
COLL	F	0.01%
TNL	A	0.01%
CSTL	D	0.01%
ARDX	F	0.01%
O	D	0.01%
FTV	C	0.01%
UFPI	B	0.01%
BZH	B	0.01%
GNRC	B	0.01%
TRMB	B	0.01%
TEX	D	0.01%
JBSS	D	0.01%
STGW	B	0.01%
PBH	A	0.01%
ACLX	C	0.01%
VSAT	F	0.01%
RYTM	C	0.01%
DVAX	C	0.01%
BURL	A	0.01%
SNV	B	0.01%
HRMY	D	0.01%
QRVO	F	0.01%
CIEN	B	0.01%
CNDT	C	0.01%
VERA	B	0.01%
GERN	D	0.01%
EWBC	A	0.01%
KEYS	A	0.01%
HHH	B	0.01%
AME	A	0.01%
KYMR	D	0.01%
EMN	D	0.01%
NHC	C	0.01%
LGND	B	0.01%
VAC	B	0.01%
CNO	A	0.01%
ESI	A	0.01%
NVST	B	0.01%
ARVN	D	0.01%
DNLI	D	0.01%
RRX	B	0.01%
H	B	0.01%
KO	D	0.01%
ASH	D	0.01%
SPTN	D	0.01%
BC	C	0.01%
JANX	C	0.01%
ASGN	F	0.01%
CLH	B	0.01%
BGS	F	0.01%
AIT	A	0.01%
TRU	D	0.01%
BHE	B	0.01%
FL	F	0.01%
GT	C	0.01%
PRVA	B	0.01%
ABNB	C	0.01%
LGIH	D	0.01%
DOV	A	0.01%
VIR	D	0.01%
COHR	B	0.01%
UWMC	D	0.01%
THO	B	0.01%
CSGP	D	0.01%
ERIE	D	0.01%
LGF.A	C	0.01%
NARI	C	0.01%
AMG	B	0.01%
HOV	D	0.01%
URI	B	0.01%
JNPR	F	0.01%
VRT	B	0.01%
NSIT	F	0.01%
UFPT	B	0.01%
PCRX	C	0.01%
PSA	D	0.01%
FCNCA	A	0.01%
CE	F	0.01%
VCEL	B	0.01%
ULTA	F	0.01%
CLDX	F	0.01%
NXST	C	0.01%
VRSK	A	0.01%
INSP	D	0.01%
TWST	D	0.01%
IDYA	F	0.01%
MYGN	F	0.01%
EEFT	B	0.01%
TGTX	B	0.01%
MSEX	B	0.01%
WDAY	B	0.01%
FHN	A	0.01%
SEE	C	0.01%
SIGI	C	0.01%
VSH	D	0.01%
ESAB	B	0.01%
ARES	A	0.01%
EDR	A	0.01%
ATR	B	0.01%
PANW	C	0.01%
AMPH	D	0.01%
BXP	D	0.01%
NVAX	F	0.01%
NTRA	B	0.01%
ZION	B	0.01%
AMRK	F	0.01%
RGEN	D	0.01%
ROP	B	0.01%
EPAM	C	0.01%
WCC	B	0.01%
SCI	B	0.01%
SWTX	C	0.01%
SUPN	C	0.01%
BCO	D	0.01%
MRVL	B	0.01%
PDCO	D	0.01%
EVR	B	0.01%
AKAM	D	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	F	0.0%
ABUS	D	0.0%
QTRX	F	0.0%
OLMA	F	0.0%
PRME	F	0.0%
ABSI	F	0.0%
LYEL	F	0.0%
STOK	F	0.0%
APLT	B	0.0%
BLFS	C	0.0%
CELC	F	0.0%
ALT	C	0.0%
MNMD	C	0.0%
PHAT	F	0.0%
EYPT	F	0.0%
ORIC	F	0.0%
CTKB	C	0.0%
YMAB	F	0.0%
ALEC	F	0.0%
COLB	A	0.0%
PLAB	C	0.0%
COGT	D	0.0%
NUVB	C	0.0%
MLYS	F	0.0%
WAFD	B	0.0%
CNS	B	0.0%
MSGS	A	0.0%
CRAI	B	0.0%
IRON	B	0.0%
SVRA	D	0.0%
NDSN	B	0.0%
TW	A	0.0%
MLI	C	0.0%
RLAY	F	0.0%
ITRI	B	0.0%
ALGM	D	0.0%
MMI	B	0.0%
WSFS	A	0.0%
STEP	B	0.0%
FORM	D	0.0%
DFIN	D	0.0%
UCB	A	0.0%
OSCR	D	0.0%
NRIX	D	0.0%
GGG	B	0.0%
LBPH	A	0.0%
CBT	C	0.0%
BSY	D	0.0%
OCUL	D	0.0%
AEIS	B	0.0%
NVEE	F	0.0%
FHB	A	0.0%
TTD	B	0.0%
ANAB	F	0.0%
IMNM	F	0.0%
SAFT	C	0.0%
ETNB	C	0.0%
SPRY	D	0.0%
CATY	B	0.0%
VRDN	D	0.0%
CHH	A	0.0%
GBCI	B	0.0%
HSII	B	0.0%
HZO	D	0.0%
ZEUS	C	0.0%
PLAY	D	0.0%
SIGA	F	0.0%
REYN	D	0.0%
PLRX	F	0.0%
IRTC	D	0.0%
IBP	D	0.0%
HOMB	A	0.0%
TYRA	F	0.0%
TRIP	F	0.0%
GOLF	B	0.0%
ARQT	C	0.0%
PCTY	B	0.0%
ARCT	F	0.0%
GIC	D	0.0%
CNA	B	0.0%
SONO	C	0.0%
KURA	F	0.0%
LQDA	D	0.0%
CBZ	B	0.0%
CTS	C	0.0%
FIVE	F	0.0%
RCUS	F	0.0%
ITT	A	0.0%
SFNC	B	0.0%
DCI	B	0.0%
CARR	D	0.0%
PNTG	D	0.0%
BBSI	B	0.0%
FRT	B	0.0%
TVTX	B	0.0%
FULT	A	0.0%
UVE	B	0.0%
DORM	B	0.0%
AZZ	B	0.0%
SATS	D	0.0%
ROG	D	0.0%
SFM	A	0.0%
LFST	C	0.0%
CGEM	F	0.0%
SIBN	F	0.0%
NSC	B	0.0%
VCTR	B	0.0%
TKR	D	0.0%
PJT	A	0.0%
IEX	B	0.0%
ABCB	B	0.0%

HKND Underweight 60 Positions Relative to FLSP

Symbol	Grade	Weight
MDT	D	-0.6%
UBER	D	-0.49%
NVS	D	-0.48%
META	D	-0.45%
EOG	A	-0.44%
GM	B	-0.36%
RTX	C	-0.34%
VST	B	-0.29%
LNG	B	-0.29%
MPC	D	-0.27%
VLO	C	-0.25%
PSX	C	-0.23%
BCS	C	-0.23%
CPRT	A	-0.22%
RCL	A	-0.21%
VICI	C	-0.19%
SE	B	-0.18%
LULU	C	-0.16%
DECK	A	-0.16%
MELI	D	-0.16%
PCAR	B	-0.14%
NUE	C	-0.14%
DVN	F	-0.13%
LDOS	C	-0.13%
LIN	D	-0.13%
CBOE	B	-0.12%
NRG	B	-0.12%
CPAY	A	-0.12%
STX	D	-0.11%
PKG	A	-0.11%
LII	A	-0.11%
STLD	B	-0.11%
GOOG	C	-0.11%
WSM	B	-0.11%
LVS	C	-0.11%
LYB	F	-0.11%
MRO	B	-0.1%
DOCU	A	-0.1%
FE	C	-0.1%
ZM	B	-0.1%
TWLO	A	-0.09%
ROL	B	-0.09%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
DT	C	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
DPZ	C	-0.08%
FOXA	B	-0.07%
TAP	C	-0.07%
GLPI	C	-0.07%
MKTX	D	-0.06%
CHKP	D	-0.06%
RPM	A	-0.05%
AER	B	-0.05%
WYNN	D	-0.05%
MGM	D	-0.05%
HII	D	-0.04%